Sentence examples for of this deduction from inspiring English sources

To understand the effect of this deduction, imagine if you could deduct the interest you pay on your debt.

But the elimination of this deduction would powerfully affect the already strapped middle-class homeowner struggling to forestall foreclosure.

Economists have been pointing out these distortions for years, but for politicians, advocating the elimination of this deduction is seen as suicidal.

As years and decades pass, recipients of this deduction and other benefits start to see them as deeply and richly deserved.

(Ironically, Mr Reagan got rid of this deduction in the 1986 Tax Reform Act).Both bills make an attempt to reduce the cost of these giveaways by declaring many of them to be temporary.

Because of this deduction, most ridehailing drivers are able to declare profits that are substantially lower.

Some people are wary of taking this deduction out of concern of attracting unwanted I.R.S. attention, noted Mr. Fishman, who is also the author of "Home Business Tax Deductions" (Nolo, 2006).

So when Mitt Romney recently floated the idea of capping this deduction, Democrats pounced.

Of course, this deduction can be quite significant in some cases.

In his words: "[F]rom this deduction of our faculty of cognizing a priori there emerges a very strange result, namely that with this faculty we can never get beyond the boundaries of possible experience, [...and] that such cognition reaches appearances only, leaving the thing in itself as something actual for itself but uncognized by us" (Bxix-xx).

For a couple with a $250,000 loan and a $2,500 annual PMI payment (1% of the outstanding loan), this deduction could translate into savings of $300 to $400 dollars or more (depending upon the couple's tax bracket).